DUBLIN--(BUSINESS WIRE)--The "E-Passport Market By Type By Application Analysis, And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.
As per a recently issued market research report, the global e-passport market was about USD 23.6 Billion in 2020, with sales value projected to hit around USD 65.87 Billion by the end of 2026 and expected to register an excellent 19.9% CAGR from 2021 to 2026.
Companies Mentioned
e-Passport or a biometric passport is an electronic version of a format that stores the user's data on a computerized chip which can be further used for authentication measures using a wider range of security solutions. Additionally, this computer chip is often incorporated in the front or the back, or the center page of the passport while a public key infrastructure (KPI) is used for authenticating the data that the computerized chip often stores. The primary factors for the significant growth of the global e-passport market are increasing security measures for detecting identify fraud cases coupled with the rising need for advanced airport infrastructures to name a few.
Additionally, the rising number of people opting for air travel coupled with the increased adoption of wireless communication techniques are often credited with the rise of the global e-passport market during the forecast period. The rising adoption of biometric security coupled with less processing time is further expected to boost the growth of the global e-passport market during the forecast period.
On the basis of type, the global e-passport market can be divided into radio frequency identification (RFID) and biometrics. The segment pertaining to RFID is expected to witness the largest market share during the advent of the forecast owing to rising functionality measures coupled with increased integration of RFID technology among the developing nations such as China, India, and Japan to name a few.
On the basis of application, the global e-passport market can be fragmented into leisure travel and business travel. The segment pertaining to leisure travel can be expected to occupy the largest market share during the advent of the forecast owing to decreasing air travel fare coupled with rising incentives for purchasing air travel tickets to name a few.
Europe is expected to witness the largest market share during the advent of the forecast owing to the rising number of people traveling across borders for business and educational needs coupled with the rising number of consumers being constantly aware of integrating cultures to name a few. Additionally, a rising trend of international trading services coupled with rising cross-border activities such as trading, tourism, and health treatments is expected to dominate the region during the entirety of the forecast duration.
Key Topics Covered:
Chapter 1 Executive Summary
Chapter 2 e-Passport Market - Type Analysis
2.1. Global e-Passport Market - Type Overview
2.2. Global e-Passport Market Share, by Type, 2019 & 2026 (USD Billion)
2.3. Radio Frequency Identification (RFID)
2.3.1. Global Radio Frequency Identification (RFID) e-Passport Market, 2016 - 2026 (USD Billion)
2.4. Biometrics
2.4.1. Global Biometrics e-Passport Market, 2016 - 2026 (USD Billion)
Chapter 3 e-Passport Market - Application Analysis
3.1. Global e-Passport Market - Application Overview
3.2. Global e-Passport Market Share, by Application, 2019 & 2026 (USD Billion)
3.3. Leisure Travel
3.3.1. Global Leisure Travel e-Passport Market, 2016 - 2026 (USD Billion)
3.4. Business Travel
3.4.1. Global Business Travel e-Passport Market, 2016 - 2026 (USD Billion)
Chapter 4 e-Passport Market - Regional Analysis
Chapter 5 e-Passport Market - Competitive Landscape
5.1. Competitor Market Share - Revenue
5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
5.3. Strategic Developments
5.3.1. Acquisitions and Mergers
5.3.2. New Products
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5.3.3. Research & Development Activities
Chapter 6 Company Profiles
Chapter 7 e-Passport - Industry Analysis
7.1. Introduction and Taxonomy
7.2. e-Passport Market - Key Trends
7.2.1. Market Drivers
7.2.2. Market Restraints
7.2.3. Market Opportunities
7.3. Value Chain Analysis
7.4. Key Mandates and Regulations
7.5. Technology Roadmap and Timeline
7.6. e-Passport Market - Attractiveness Analysis
7.6.1. By Type
7.6.2. By Application
7.6.3. By Region
Chapter 8 Industrial Chain, Sourcing Strategy, and Downstream Buyers
8.1. e-Passport Industrial Chain Analysis
8.2. Downstream Buyers
8.3. Distributors/Traders List
Chapter 9 Marketing Strategy Analysis
9.1. Marketing Channel
9.2. Direct Marketing
9.3. Indirect Marketing
9.4. Marketing Channel Development Trends
9.5. Economic/Political Environmental Change
Chapter 10 Report Conclusion & Key Insights
10.1. Key Insights from Primary Interviews & Surveys Respondents
10.2. Key Takeaways from Analysts, Consultants, and Industry Leaders
Chapter 11 Research Approach & Methodology
For more information about this report visit https://www.researchandmarkets.com/r/ltqcmk
